Ram 3 B2ob State Com

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for Ram 3 B2ob State Com

CountyLea County, NM
OperatorMEWBOURNE OIL COMPANY
Production DatesAug 2022 - Oct 2024
Total Oil Production265,838 BBLs
Total Gas Production690,469 MCF
Recent Oil Production1,774 BBLs in Oct 2024
Recent Gas Production6,828 MCF in Oct 2024
Wells on Property4

Our Valuation Estimates for Ram 3 B2ob State Com

ShaleAssessment

Not Available

MarketMultiple

$700,005 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Ram 3 B2ob State Com Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Ram 3 B2ob State Com
from Aug 2022 to Oct 2024

Wells on Ram 3 B2ob State Com

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-44422RAM 3 B2OB STATE COM 002CMEWBOURNE OIL COCancelledLea County, NM32.410418-103.456023
30-025-44423RAM 3 B2OB STATE COM #3H 001CMEWBOURNE OIL COCancelledLea County, NM32.414042-103.456186
30-025-49694RAM 3 B2OB STATE COM 002HMEWBOURNE OIL CONewLea County, NM32.414042-103.456026
30-025-49695RAM 3 B2OB STATE COM 003HMEWBOURNE OIL CONewLea County, NM32.414042-103.456155

Leases included in Ram 3 B2ob State Com

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
320699RAM 3 B2OB STATE COMMEWBOURNE OIL COLea County, NM
322862RAM 3 B2OB STATE COM #3HMEWBOURNE OIL COLea County, NM

Nearby Properties

These are the closest 20 properties to the Ram 3 B2ob State Com property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Black Sheep 4 33 BLea County, NM31,452 BBLs103,414 MCFOct 2024
Black Sheep 4 B2Lea County, NM9,178 BBLs42,424 MCFOct 2024
Cabra Loca 11 BLea County, NM1,619 BBLs5,443 MCFOct 2024
Cabra Nino 11 BLea County, NM2,472 BBLs7,678 MCFOct 2024
Chorizo 12 State Com 601HLea County, NM2,695 BBLs8,620 MCFOct 2024
Getty 1 StateLea County, NM0 BBLs37 MCFOct 2024
Government ALea County, NM0 BBLs0 MCFNov 2024
Grama RidgeLea County, NM2,624 BBLs7,001 MCFNov 2024
Grama Ridge East 34Lea County, NM15,257 BBLs69,966 MCFOct 2024
GRM UnitLea County, NM0 BBLs0 MCFNov 2000
Ram 3 B2MD State ComLea County, NM7,615 BBLs31,578 MCFOct 2024
Ram 3 B2NC State ComLea County, NM2,309 BBLs5,632 MCFOct 2024
Ram 3 B2pa State ComLea County, NM1,664 BBLs3,039 MCFOct 2024
Ram 3 B3MD State ComLea County, NM4,311 BBLs7,420 MCFOct 2024
Ram 3 B3NC State ComLea County, NM3,523 BBLs5,821 MCFOct 2024
Ram 3 B3ob State ComLea County, NM2,026 BBLs2,516 MCFOct 2024
Ram 3 B3pa State ComLea County, NM1,117 BBLs1,406 MCFOct 2024
Red Stag 5 32 BLea County, NM38,347 BBLs66,325 MCFOct 2024
Squeeze 2 StateLea County, NM18,307 BBLs57,377 MCFOct 2024
Yeah Yeah Federal ComLea County, NM95,151 BBLs342,302 MCFNov 2024